Standard Bank Investor Relations : : Standard Bank Investor Relations

2022 INTERIM RESULTS HIGHLIGHTS

VIEW RESULTS SUMMARY

HEADLINE EARNINGS(Rm)

33%

R15 263

1H21: R11 477 million

HEADLINE EARNINGS PER SHARE(HEPS)

30%

936

1H21: 721 cents

NET ASSET VALUE PER SHARE

11%

12 721

1H21: 11 509 cents

DIVIDEND PER SHARE

43%

515

1H21: 360 cents

RETURN ON EQUITY(ROE)

15.3%

1H21: 12.9%

COST TO INCOME RATIO

56.0%

1H21: 58.3%

CREDIT LOSS RATIO(CLR)

82 bps

1H21: 88 bps

COMMON EQUITY TIER 1 RATIO

13.7%

1H21: 13.5%

FY22 Pre-close conference call

Date: Monday 28 November 2022

Time: 17h00 SA time

Click here to access the recording

STANDARD BANK GROUP LTD SHARE PRICE ON THE JSE

Please be aware of a 15 minute delay on this reading

ZAR

^R 173.66

Source: JSE LTD

Results in a flash

We are progressing well towards delivering our 2025 targets. Work is underway to ensure that capital is both allocated and extracted effectively, with a particular focus on some parts of Africa Regions, Liberty and ICBCS. And Liberty integration into the Standard Bank Group is progressing according to plan.

MESSAGE FROM THE CFO

During 2021 we made good progress in three key areas.
1. We achieved franchise growth across all three of our core businesses.
2. We made good progress in developing new revenue streams by scaling up our digital platforms and partnerships.
3. We remained focused on the diligent allocation of capital to fund expansion, while carefully managing costs, and we successfully completed the Liberty minority buyout.

Our value proposition

The successful execution of our strategy will deliver a robust business capable of creating sustainable value for all our stakeholders over the long term.

INVESTING IN THE GROUP

Who we are

An African focused, client-centred, digitally enabled integrated financial solutions provider, which drives Africa’s growth and creates value for all our stakeholders.